Added to YB: 2026-06-02
Pitch date: 2026-05-29
NOW [neutral]
ServiceNow, Inc.
Author Info
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Company Info
ServiceNow, Inc. provides cloud-based solution for digital workflows in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally.
Market Cap
$128.3B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
40.38
P/E
74.04
EV/Sales
8.80
Sector
Software
Category
growth
HOUSE OF: SERVICENOW ($NOW)
NOW (overview): Repriced from $200B+ peak to ~$100/share, ~low-20s P/FCF despite ~22% sub growth, 97-98% renewal, mid-30s FCF margins. Market fears AI agents commoditize workflow layer. Bull: governance fabric for enterprise AI, $30B sub rev by 2030. Bear: margin leak, growth to mid-teens. Author leans bull but data-dependent.
Read full article (13 min)